What is Espey Mfg & Electronics Corp worth?
With the base-case assumptions below, a discounted cash flow model on Espey Mfg & Electronics Corp's reported free cash flow gives $29.46 per share. The share price was $65.63 on September 25, 2026, 123% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 5.5% | 10.0% | $20.86 | -68% |
| Base | 10.5% | 9.0% | $29.46 | -55% |
| Bull | 15.5% | 8.0% | $46.61 | -29% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $35.97 | $37.98 | $40.43 | $43.50 | $47.44 |
| 8.0% | $31.10 | $32.40 | $33.94 | $35.78 | $38.04 |
| 9.0% | $27.55 | $28.44 | $29.46 | $30.66 | $32.08 |
| 10.0% | $24.85 | $25.48 | $26.20 | $27.02 | $27.96 |
| 11.0% | $22.73 | $23.19 | $23.71 | $24.29 | $24.96 |
Where the presets come from
Base: years 1 to 5 grow at Espey Mfg & Electronics Corp's revenue growth rate over the last 5 fiscal years (10.7% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions